Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
Thanks Rpk....I think this is excellent news. So if full production early 2028, then given that this will take about 2yrs to for mine construction, then it's a start date of 2026? I can live with that....GLA
Rockin' all Over the π
https://www.theguardian.com/world/2023/sep/14/eu-diversify-materials-car-battery-solar-panels-vote-parliament
In addition, the new CEO has been awarded 20m options (in two tranches) with a vesting period of three years. And it was his choice to 'have his signing-on settled in share options'. That does not give the impression he intends to be here for a quick fix. Great news.
IMO it looks like we are in an AIM mining company that will be taking us all the way....GLA
Presentation 2 June 2023 (10mins) was last I can remember him referencing CAPEX;
https://www.youtube.com/watch?v=MalsmV4081w
Usual vagueness but he did state any increase would be more than mitigated by the new flow sheet and DFS sales price (current PFS 17k), have heard him in the past referring to others using a price of around 21k.
Personally, I look to CEZ, our majority partner for their interpretation of timelines, and when they say FID 2023 (p41 on their latest presentation);
https://www.cez.cz/webpublic/file/edee/ospol/fileexport/investors/investment-stories/2023-08_cez-investment-story_en.pdf
Then I take note (DFS will come pre FID). Incidentally, I also take note when they say 'consolidation unlikely' footnote same page meaning no buyout of their junior partner....GLA
We are finally on the move, I think we should expect the ML to follow:
https://www.reuters.com/markets/commodities/ghana-sovereign-wealth-fund-invests-nations-first-lithium-mine-2023-09-07/
Ok, it looks like we have diluted at current sp but at least this takes the breaks of the project....and we have all had plenty time to take advantage of the current lows which will not last long.....GLA
I tend to agree Osaka. After all, it wasn't that long ago that Dale had articulated a high visibility strategy to help lift the sp to where he thought it should be (20p+). Not a lot has happened since, which to me indicates that there could be NDA's at play and potential movement on the cards.....GLA
Https://www.linkedin.com/posts/european-metals_emh-newworldmetals-cinovec-activity-7104696123713323008-u-TV?utm_source=share&utm_medium=member_android
Surely they should be advertising such things better?
Https://www.linkedin.com/posts/european-metals_petr-fiala-on-x-activity-7103677595589705730-uHz8?utm_source=share&utm_medium=member_desktop
Good signs all over the place suddenly, and if KC is on 'Rock Stock' on Monday, maybe we can expect some good news from him at the same time (RNS Monday?).....GLA
And our bureaucrats and democracy are the main reasons why our infrastructure does not fall apart a year after being built. Our safety is renowned world wide, I wonder why ....π€
Or would you rather have deaths are collateral for a quick π° saving for big business, because let's face it, cutting corners only benefit the minority and the majority have to pay the cost....π©
Deep pockets will indeed be needed if any potential party whishes to buyout Al Marjan Ltd (our largest SH). I think as far as I can remember have around a 4p average, at least one member on the board, and I been invested for quite a number of years. Sorry, cannot check all the exact details as at work with π© network connection. But can't see them accepting anything that would not handsomely reward them for their patience (*5).....GLA